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* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of L
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Loews Corporation stock price ended at $76.40 on Friday, after losing 0.170%.
(Updated on May 03, 2024)

Buy candidate since May 01, 2024 Gain 0.16% PDF

The Loews Corporation stock price fell by -0.170% on the last day (Friday, 3rd May 2024) from $76.53 to $76.40. During the last trading day the stock fluctuated 1.46% from a day low at $75.44 to a day high of $76.54. The price has risen in 6 of the last 10 days and is up by 1% over the past 2 weeks. Volume has increased on the last day by 10 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 541 thousand shares were bought and sold for approximately $41.36 million.

The stock lies in the middle of a weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 3.26% during the next 3 months and, with a 90% probability hold a price between $76.02 and $81.88 at the end of this 3-month period.

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L Signals & Forecast

The Loews Corporation stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $76.01 and $76.09. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Wednesday, April 24, 2024, and so far it has fallen -0.534%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely. The stock had a Golden Star Signal on Thursday, June 22, 2023 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Buy
Special Signal Notification

Golden Star 12 Months

The stock had a Golden Star Signal on Thursday, June 22, 2023 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss for Loews Corporation stock

Loews Corporation finds support from accumulated volume at $75.19 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $1.10 between high and low, or 1.46%. For the last week the stock has had daily average volatility of 1.17%.

Our recommended stop-loss: $74.29 (-2.76%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 7 days ago.)

Trading Expectations (L) For The Upcoming Trading Day Of Monday 6th

For the upcoming trading day on Monday, 6th we expect Loews Corporation to open at $76.13, and during the day (based on 14 day Average True Range), to move between $75.42 and $77.38, which gives a possible trading interval of +/-$0.98 (+/-1.29%) up or down from last closing price. If Loews Corporation takes out the full calculated possible swing range there will be an estimated 2.57% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $76.97 (0.75%) than the support at $75.19 (1.58%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Earnings coming up

Loews Corporation will release earnings BMO on Monday, May 06, 2024. We will update the financials statements for Loews Corporation, that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 3.70% in the first trading day after earnings release.

Is Loews Corporation stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Loews Corporation stock to perform well in the short-term.

Current score: 2.631 Buy Candidate Unchanged

Predicted Opening Price for Loews Corporation of Monday, May 6, 2024

Fair opening price May 6, 2024 Current price
$76.13 ( 0.358%) $76.40

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 77.23 1.08 %
R2 76.81 0.532 %
R1 76.55 0.192 %
Current price: 76.40
Support S1 75.71 -0.91 %
S2 75.45 -1.25 %
S3 75.03 -1.80 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 78.29 2.47 %
R2 77.41 1.32 %
R1 76.97 0.746 %
Current price 76.40
Support S1 75.19 -1.58%
S2 73.02 -4.42%
S3 72.79 -4.73%

L Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 06, 2024 Feb 20, 2024 Mar 05, 2024 $0.0625 0.0838%
2 Nov 07, 2023 Nov 21, 2023 Dec 05, 2023 $0.0625 0.0889%
3 Aug 01, 2023 Aug 16, 2023 Aug 29, 2023 $0.0625 0.100%
4 Aug 01, 2023 Aug 15, 2023 Aug 29, 2023 $0.0625 0.100%
5 May 09, 2023 May 23, 2023 Jun 06, 2023 $0.0630 0.107%

FAQ

What is the symbol for Loews Corporation Stock and on which exchange is it traded?
The symbol for Loews Corporation is L and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Loews Corporation Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Loews Corporation stock to perform well in the short-term.

How to buy Loews Corporation Stock?
Loews Corporation Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Loews Corporation Stock.

What's the current price of Loews Corporation Stock?
As of the end of day on the May 03, 2024, the price of an Loews Corporation (L) share was $76.40.

What is the 52-week high and low for Loews Corporation Stock?
The 52-week high for Loews Corporation Stock is $78.55 and the 52-week low is $55.94.

What is the market capitalization of Loews Corporation Stock?
As of the May 03, 2024, the market capitalization of Loews Corporation is 16.976B.

When is the next earnings date for Loews Corporation?
The upcoming earnings date for Loews Corporation is May 06, 2024.
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About Loews Corporation

Loews Loews Corporation provides commercial property and casualty insurance in the United States and internationally. The company offers specialty insurance products, such as management and professional liability, and other coverage products; surety and fidelity bonds; property insurance products that include property, marine and boiler, and machinery coverages; and casualty insurance products, such as workers' compensation, general and product liabili... L Profile

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